Director of Finance

Responsibilities

• Effectively manage and communicate cash flow related issues, as required to management and ownership.
• Coordinate the completion of all forecasts and budgets as required, with the full and active participation of Executive Team and department managers.
• Analyze financial data and operations in order to assist and advise management in maintaining the hotel's financial objectives.
• Ensure that all balance sheet accounts are reconciled on a timely basis.
• Develop and implement financial strategies, policies, and procedures to ensure the effective management and control of financial resources.
• Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
• Direct and/or prepare all financial reports in accordance with the company’s requirements meeting various due dates and deadlines.
• Conduct regular financial analysis and provide insights on revenue generation, cost control, and profitability enhancement.
• Collaborate with department heads to identify and implement cost-saving initiatives without compromising quality and guest satisfaction.
• Maintain strong relationships with external stakeholders, including auditors, banks, and financial institutions.
• Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.

Qualifications

• Four-year college degree in a Business curriculum to include intermediate accounting and financial fundamentals required.
• A minimum of 4 years of accounting experience in the hospitality industry is required.
• Experience preferably in a resort setting with multiple revenue streams.
• Prior experience as an Assistant Director of Finance or a Director of Finance in a hotel is preferred. Someone who has a leadership mindset and has experience with training or mentoring their team members is required.
• Someone with a flexible schedule, as some weekend work is required.